A thin red line appeared last week. This is a moving average sparkling behavior that triggers a signal to be alerted about.
#btc #bitcoin price is now testing to reclaim the trend channel, if fails (if bearish retest will be succesful) #btcusd dump will have the 3nd minor wave. Not financial advice.
We can clearly see that 67k is a very strong support/demand area, which is currently being respected. And as long as Bitcoin remains above, without a decisive daily break and close blow 66k, we will continue to expect a potential rally. Along with the BTC, Alts should feel very strong as well, and many should go ballistic.
similarity in fibo levels and accumulation zones are obvious...
NASDAQ:DOCU 60 -70 - 80 AFTER EARNINGS ? 6 REASONS !! Strong Quarterly Earnings: DocuSign has shown strong financial performance in the recent past, with its stock price rising after reporting strong earnings. This indicates a positive market response to its financial performance, which could lead to a higher stock price in the future. Increased Price...
Hello my friends. Bitcoin is in its resistance range and can enter correction. The desired setup to enter the short position is specified The loss limit of this position is 70,000 and the targets are as follows. 67300 66350 64650 63200 The position is against the trend, please follow the capital management
Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis. BTCUSDT is forming a symmetrical triangle pattern on the 4-hour timeframe. A breakout from this pattern could signal a move in either direction. Possible Scenarios: Upward Breakout: A 4-hour close above the resistance level of the triangle could...
Working up the right side of a quality base, digesting the 1,100% run from September 2023 thru March 2024. High volume flush in April that was quickly bought up, shakeout in early-May, reclaim of important VWAPs, volume declining as it works its way up the right side. Now with the current volatility contraction, it setups up a potential early buy point within...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it reached resistance line and then bounced down to support line. Price broke $63000 support level, which coincided with support area, but soon BTC made upward impulse. Thereby price broke support level again and...
Hello everyone, with new the month around corner I decided to come back with an update on Bitcoin. I still hold the same opinion as stated in the Q2 update, this update is just for better visual perception of what is going on in my opinion, since I believe we are in some sort of unprecedented time for Bitcoin. Why? Looking at Yellow Parallel Channel we can...
Abstract Nuklai is one of those projects that when you truly get to understand it, not only you realize it's a hidden gem, but it has the potential to become its own type of Web3 subdivision such as DeFi, NFT, Metaverse, etc. In this case, we're looking at the birth of #Datanomics, or the monetization of user's data using Web3 technology. Fundamental Reasons...
Bitcoin is currently moving near the Potential Reversal Zone(PRZ) , the lower line of the ascending channel , and the 100_SMA(4-hour TF) . In terms of Elliott wave theory , Bitcoin seems to be completing wave C . The correction pattern is Zigzag(ABC/5-3-5) . In terms of Classic Technical Analysis , Bitcoin is moving in a Falling Wedge Pattern . I...
Bitcoin (BTCUSD) is technically about to complete the Right Shoulder of the Inverse Head and Shoulders pattern (IH&S) that followed the All Time High (ATH) of March 14. The driving vessel behind it is a (dotted) Channel Up whose Bullish Leg peaked at +19.50% and its two Bearish Legs so far have been around -8.00%. As you may realize, there is a high degree of...
The idea is simple figure out the bottom max long zone based on some info we know and see iff it hits What we know; 1) we eventually make a 3rd touch on the trendline with 2 touches already if we assume the trend continues up 2) I found a spot that aligns with the neckline of an inverse head and shoulders marked in orange with a 72.5K long target along with...
There is a potential break down to 43k on BTC. This will be an incredible buying opportunity if it plays out. This is very a speculative idea but this will shake out every long for MM (and me) to go long at very low prices, relatively speaking. Many alt coins are showing major high time frame patterns that go lower to go higher later in the summer. Thanks for watching.
🔍Bitcoin is currently in a resting phase, waiting for a decisive move. Let's conduct a comprehensive analysis of Bitcoin in the 4-hour timeframe. 🔄Previous Analysis Recap In the previous analysis, entering a long position was suggested upon breaking 66,828, which would have yielded a good profit up to the 72,000 level. The short trigger from the previous analysis...
Bitcoin is on excellent bullish levels on the 1D technical outlook (RSI = 66.472, MACD = 251.100, ADX = 42.204). Following the correction of the last two months, the market has entered the green zone of the Cycle, which is its parabolic phase. This historic chart on the 1W timeframe shows that this phase lasts around 560 days while the previous blue one, which...
hi friends. Its a small video update of my previous idea (read it below text). Sorry for my english;) Follow me.